Net income for the three months ending June 30 was $509 million, down from $526 million in 2013.

The company's net sales totaled $5.3 billion, an increase of 1 percent compared to a year ago at this time.

"Halfway through the year, we are essentially on track with our overall plans," Chairman and CEO Thomas Falk said in a statement. "And while our narrower earnings guidance takes into account a slightly more difficult environment, we continue to be optimistic about our prospects to generate attractive shareholder returns."

In November 2013, Kimberly-Clark said it was pursuing a spin-off of its health care business. The company, which would be called Halyard Health, is expected to generate $1.7 billion in annual net sales. Kimberly-Clark said the spin-off is expected to be completed at the end of October.

Dallas-based Kimberly-Clark employs about 3,300 people throughout its Fox Cities operations.

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